GLN 3.85% 12.5¢ galan lithium limited

Crazy, $270m AUD,$200m USD market cap with $65m AUD/ $50m USD in...

  1. 790 Posts.
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    Crazy, $270m AUD,$200m USD market cap with $65m AUD/ $50m USD in cash.

    That mean IF someone did try and take us over they would get billions of dollars in assets for 10c in the dollar.
    Of course the bid would have to be many multiples of our SP for me to sell.

    We are in the EXACT same position as when I first starting investing with Galaxy except we had less cash!
    Same countries, similar assets ,similar stage.
    GLTAH.
    Just my opinion of course DYOR!!

 
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